Couple buys Rs 60L flat, husband taxed on Rs 34.81L stamp-duty gap; ITAT objects
Can the entire difference between a property’s actual purchase price and its stamp-duty value be added to the income of just one of its co-owners? A recent ruling by ITAT Mumbai has addressed this question in a case involving a husband and wife who jointly pu…
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2 reports · 2 sources
Times of IndiaCouple buys Rs 60L flat, husband taxed on Rs 34.81L stamp-duty gap; ITAT objectsTimes of IndiaCouple buys Rs 60L flat, husband taxed on Rs 34.81L stamp-duty gap; ITAT objects9 recorded states
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